Crypto Exchange Security Basics Beginners Should Know First
Before trading, the most important step is securing your account. This module explains the basic security features every beginner should understand and activate first.
Why Security Comes Before Trading
Most beginner losses are not caused by bad trades, but by weak security. Phishing, account takeovers, and unsafe withdrawals are far more common than people expect.
Learning security basics early can prevent irreversible mistakes.
Two-Factor Authentication (2FA)
2FA adds a second layer of protection on top of your password. Even if someone steals your password, 2FA can block access.
- Prefer app-based 2FA (not SMS when possible)
- Backup recovery codes offline
- Enable 2FA for login and withdrawals
Withdrawal Protection and Whitelists
Withdrawal security is critical because once funds leave an exchange, they are usually irreversible.
- Enable withdrawal address whitelists
- Use withdrawal delays if available
- Double-check addresses before confirming
Common Security Mistakes Beginners Make
- Reusing passwords across platforms
- Ignoring phishing emails or fake sites
- Skipping security settings to “save time”
Quick Self-Check: Account Security Readiness
How to use this
- Mark the security features you have already enabled.
- Click Check Readiness.
- Use the result as a beginner safety guide.
Enabled: 0 / 5
Select your security settings, then click Check Readiness.
Safe Next Steps for Beginners
- Enable all core security features before trading.
- Never rush withdrawals or ignore warning prompts.
- Security is a process, not a one-time setup.
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